Abdullah Salam is among Forbes Middle East”s list of the most influential real estate leaders in the Middle East 2026
Madinet Misr (EGX: MASR.CA) announced that its CEO and Managing Director, Eng. Abdallah Sallam, has been selected for Forbes Middle East’s list of the 100 Most Influential Leaders in the Real Estate Sector for 2026, marking his third consecutive year on the list since its inception in 2024.
This selection reflects the company’s continued strong performance and the strategic vision guiding its growth and expansion. Madinet Misr has successfully solidified its position in the real estate market by developing integrated urban projects that meet customer needs and keep pace with industry developments.
Salam has successfully implemented Madinet Misr’s growth strategy, which focuses on diversifying its portfolio of subsidiaries through vertical expansion, maximizing the utilization of its asset base and strategic land portfolio, and integrating innovation and sustainability into its expansion plans. This supports its contribution to urban development and aligns with Egypt’s Vision 2030. The year 2025 also saw significant steps towards regional expansion into the Kingdom of Saudi Arabia and the United Arab Emirates.
In terms of financial performance, the company achieved an unprecedented milestone, recording its highest ever sales value of EGP 52.1 billion, an 11% increase. This reflects the strength of the company's business model and the flexibility of its expansion strategy.
The company also successfully sold 4,462 units during the year, while the number of units delivered rose to 1,941, marking a remarkable 201% increase compared to the previous year. This underscores Madinet Misr's commitment to meeting delivery schedules and enhancing customer confidence.
Revenues reached EGP 11.7 billion in 2025, representing a year-on-year growth of 38%, and net profit reached EGP 3.6 billion in 2025, a year-on-year growth of 24%.
These successes solidify Madinet Misr's path towards more sustainable growth, based on its strong performance in the Egyptian market since 2022 and its ability to expand its operations both locally and regionally, while continuing to create sustainable value for the real estate sector. This contributed to strengthening its position and including it in the list of the top 10 real estate developers in Egypt.